South Coast Pubs Autumn 2015

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In this issue:

Food Led Pubs p4

Pubs with Letting Rooms p10

Pub Opportunities

We are the leading leased and tenanted pub business with a portfolio of over 5,200 pubs and 20 years service to our publicans.

Did you know you could be rewarded with

ÂŁ1,500*

If you recommend a lead who takes on a tenancy in an Enterprise pub? *Offer available on substantive agreements only, excluding assignments.


Welcome Becoming a publican Enterprise is the UK’s leading leased and tenanted pub company, providing you with an unrivalled portfolio of pubs to choose from. All of our agreements allow for flexibility on how to grow your business. By combining our award-winning support with your drive and ambition, we can help you build long-term business success.

Your opportunity We have been building our estate of approximately 5,400 pubs for over 20 years to ensure we have the highest quality offering in the industry.

Your agreement Our agreement options allow for flexibility in how you grow your business, and the relationship you want to have with us.

Your support From day one, our awardwinning support is available to you as and when you need it.

We are here to ensure you find the right business – one that’s uniquely suited to your needs and provides you with the platform for success. When searching for your pub, you will have total visibility of the costs, key features and property details involved. Call our Recruitment Team on 0800 953 0072 to find out more about the steps to taking a pub with Enterprise, or start your search straight away by visiting enterpriseinns.com.

All of our agreements are clear and transparent, enabling you to make an informed decision when starting your business. Once you have chosen your pub opportunity, the agreement will be discussed with the dedicated Regional Manager for your area. They will work with you to tailor your deal, ensuring you have the foundations you need to build a successful business.

Ranging from financial and property management advice to marketing support and the widest brand portfolio, our support complements your ability and is specifically designed to assist you in building a profitable and sustainable business. We constantly evaluate the support available to you, ensuring you are equipped with the most relevant and up-to-date information and knowledge to help you run your business. Our industry award-winning training courses are continually developed and revised for your benefit; they are conducted by industry experts, throughout the year and across the country.

To find out more, call the Recruitment Team on: 0800 953 0072 or visit enterpriseinns.com 2


Chapel Row, Bucklebury, Reading, Berkshire RG7 6PD

Potential Turnover: £376,852 Introductory Rent: £25,000 Estimated Capital Start-up: £15,500

The Bladebone is a picturesque 17th century inn, located in the beautiful village of Bucklebury in Berkshire. The site is a drive to destination food outlet which benefits from a good steady trade with potential to enhance the offering. This is a two bar operation with split trading areas, a restaurant, fully equipped kitchen and a wonderful beer garden. This is a fantastic opportunity and one not to be missed.

Dukes Christchurch

BERKSHIRE

Bladebone Bucklebury

Horse & Jockey Bournemouth 25 Barrack Road, Christchurch, Dorset, BH23 1PA

Wimborne Road, Bournemouth, Dorset, BH10 7AA

Introductory Rent: £20,000 | Estimated Capital Start-up: £3,000 Potential Turnover: £287,383

Occupying a prominent position on a main road near the centre of Christchurch, the Dukes offers the right operator a great business in an excellent location. This late night venue is currently wet-led and there is ample potential to expand trade thanks to a sizeable beer garden, fitted kitchen and late licence. An experienced publican with good attention to detail and high standards would be perfect to drive and develop this business.

The Horse and Jockey is a large community pub located on the busy A3060 Wimborne Road, it has an impressive frontage which is highly visible to traffic travelling in both directions. It is a two bar operation serving a total of 40 covers in the lounge and sports bar. Externally the pub benefits from a patio to the rear and the opportunity to develop the seating area to the front of the pub. There is car parking to the front and rear of the pub with space for 20 vehicles. It would be ideally suited to a Publican with previous experience of running a food operation.

Stalbridge Arms Stalbridge

Potential Turnover: £240,143 Guide Rent: £25,000 Estimated Capital Start-up: £10,750

Ring Street, Stalbridge, Sturminster Newton, Dorset DT10 2NF

The Stalbridge Arms is a substantial, detached Georgian style property located in the pretty town of Stalbridge in north Dorset. The site is currently trading at excellent levels and is an ideal opportunity for either a new or experienced operator, with good catering skills. This wellestablished business has a good local following and a large number of sporting teams utilising the skittle alley, pool and darts facilities. With two function rooms, a restaurant and bar, this is a great opportunity for a new Publican to further develop the food and events offer.

DORSET

Guide Rent: £32,000 | Estimated Capital Start-up: £11,000 Potential Turnover: £351,326

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With the trend of ‘eating out’ currently in growth, and pubs offering a quality local alternative to restaurants, now is a great time to be running a pub restaurant. Informal dining experiences that offer good quality food are in huge demand as consumers seek to enjoy a more relaxed experience than traditional white tablecloth restaurants. Enterprise has the largest portfolio of pubs in the UK, many of which are ideally located for providing such a food offer and ready to take advantage of this growing trend.

Food Led Pubs Coach House Fareham

98 Fareham Road, Gosport, Hampshire PO13 0AG

Potential Turnover: £304,840 Guide Rent: £26,000 Estimated Capital Start-up: £12,000

The Coach House is an attractive pub and carvery operation situated on the main Gosport Road in Fareham. This well presented property is warm and welcoming and benefits from substantial trading areas accommodating over 100 covers. The pub is very popular with families and benefits from local and passing trade. This is an excellent business opportunity for an experienced publican.

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Compass Rose Portsmouth

Anchorage Road, Portsmouth, Hampshire PO3 5UH

Potential Turnover: £504,262 Guide Rent: £35,000 Estimated Capital Start-up: £23,500

The Compass Rose is an attractive public house located off the Eastern Road in Portsmouth. The pub is a one bar operation with a large and well-furnished internal trading area. Externally the pub boasts a covered patio, outside drinking area, children’s play equipment and parking available to the front. This is a fantastic opportunity for an experienced publican to capitalise on the existing strong food and drink sales. The Compass Rose is also available on a Free of Tie agreement, offers are invited for a 10 or 20 year lease.

Coventry Arms Corfe Mullen

Mill Street, Corfe Mullen, Wimborne, Dorset BH21 3RH

Potential Turnover: £408,016 Guide Rent: £39,500 Estimated Capital Start-up: £15,850

The Coventry Arms is a 15th century pub situated in the village of Corfe Mullen, just outside Wimborne, Dorset. Located on the A31 it’s the perfect stop off en-route to Weymouth, Dorchester, Poole and Bournemouth. The Coventry Arms has undergone a complete refurbishment. Original features such as flag stone floors, open log fire and exposed beams have all been retained whilst lightening up the interior décor to complement the history and ambience of this 500 year old building. The bar area is a great place to relax by the central log fire enjoying fine wines and real ales that have featured heavily in the pub’s history. The dining area serves quality home cooked food complimented by the carefully sourced wines paired closely with the menu.

Four Horseshoes Sherfield-on-Loddon

Reading Road, Sherfield-on-Loddon Hook, Hampshire RG27 0EX

Potential Turnover: £314,275 Guide Rent: £33,000 Estimated Capital Start-up: £12,250

The Four Horseshoes is a charming 16th century pub situated in the heart of the desirable Hampshire village, Sherfield-on-Loddon. The pub is full of character with low beamed ceilings and open fires. The substantial trading areas feature a public bar, restaurant, function room and a beautiful beer garden. This business is brimming with potential and would suit someone new to the business as well as an experienced publican

George & Dragon Salisbury

85 Castle Street, Salisbury, Wiltshire SP1 3SP

Potential Turnover: £318,913 Guide Rent: £31,000 Estimated Capital Start-up: £15,750

The George and Dragon is a historic period property occupying a prominent position on Castle Street. The pub is noted for its character features and boasts a riverside garden and terrace. Internally the pub is split into two areas with a welcoming bar and to the rear is a restaurant. Both areas are serviced by a single bar servery with the ability to dispense on both sides and a wellequipped trade kitchen. Enterprise is looking for an innovative publican with kitchen experience who can grow the food sales whilst maintaining the drink sales.

Greyhound Broughton

High Street, Broughton, Stockbridge, Hampshire SO20 8AA

Potential Turnover: £328,107 Guide Rent: £33,000 Estimated Capital Start-up: £14,750

The Greyhound is situated in the pretty village of Broughton, nestled in the heart of the Test Valley. It is a great looking pub, refurbished both internally and externally to a very high standard and benefits from separate bar and restaurant areas and a small courtyard to the rear of the property. The Greyhound has a loyal local following and there is a great opportunity for the new publican to grow the food trade.

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Hoeford Inn Fareham

250 Gosport Road, Fareham, Hampshire PO16 0SX

Potential Turnover: £384,333 Guide Rent: £37,000 Estimated Capital Start-up: £14,250

The Hoeford is ideally situated on the main road between Fareham and Gosport. With a spacious car park, comfortable interior for diners and pub goers alike, it has a special place in the heart of the community that lives nearby. This opportunity is ideal for an experienced publican who can immerse themselves in village life and continue the bi-weekly events that are well received by the locals and visitors. The pub’s clientele ranges from local drinkers who enjoy the varied pub games, live sport and music events, to families who come to dine and enjoy the play area amenities.

Malthouse Timsbury

Stockbridge Road, Timsbury, Romsey, Hampshire SO51 0NG

Potential Turnover: £668,168 Introductory Rent: £38,000 Estimated Capital Start-up: £28,500

The Malthouse is in the village of Timsbury on the main Stockbridge Road. This has been a family run business for the past 30 years, they have established a great reputation within the community and surrounding areas. The business is a one bar operation with over 130 covers available in the main restaurant and accompanying bar. The site boasts a fantastic location with parking for over 60 vehicles, extensive patio with children’s play areas and extra grounds for development.

Moby Dick’s Weymouth

85 The Esplanade, Weymouth, Dorset DT4 7AT

Potential Turnover: £666,185 Guide Rent: £55,000 Estimated Capital Start-up: £21,750

Moby Dick’s is a large pub positioned on the seafront in Weymouth. The pub benefits from a large outside patio area which can be reached via a set of stairs at either end. The pub consists of a long bar, with seating for general socialising to one side and a dining area to the other. There is a great opportunity for the new Publican to make use of the trade kitchen, which is equipped to produce a wide variety of food. The business has very consistent trade throughout the year, which peaks during the summer season due to the location. Weymouth is a very popular tourist destination due to its beautiful sandy beach and a variety of shops along the coast.

Obelisk Hotel Woolston

108-110 Obelisk Road, Woolston, Southampton, Hampshire SO19 9DP

Potential Turnover: £350,086 Guide Rent: £35,000 Estimated Capital Start-up: £15,250

The Obelisk is a large detached property located in a residential area of Southampton and is well-regarded as a traditional neighbourhood pub. There are two bars to serve the trade areas which are predominantly used for drinkers and those enjoying the range of pub games and live sports on offer. The Obelisk offers a publican a fantastic opportunity to build on the successful reputation of the pub, and to develop the business through food offers, sports and events. The new operator will be sales orientated and commercially driven to maximise this excellent opportunity.

Pheasant Salisbury

19 Salt Lane, Salisbury, Wiltshire SP1 1DT

Potential Turnover: £280,675 Guide Rent: £28,000 Estimated Capital Start-up: £14,000

The Pheasant is a fantastic character pub located in Salt Lane Salisbury. The main trade area provides 60 covers with a spacious function room situated upstairs which can also cater for up to 60 people. There is a small courtyard area for a further 16 covers that is popular during the summer months. The property also comes with a separate two bedroomed cottage located next to the pub which provides a unique opportunity for the publican to retreat after a long days work, the cottage is in good condition throughout.

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Plough Inn Durrington

189 Bulford Road, Durrington, Salisbury, Wiltshire SP4 8HB

Potential Turnover: £237,391 Introductory Rent: £10,000 Estimated Capital Start-up: £11,950

The Plough is located in the picturesque village of Durrington. It occupies a prominent corner position attracting local residents, families and members of the MOD who work in the area. The Plough has undergone a recent refurbishment that has enhanced its appearance and appeal. There is huge potential to expand the current food offer and drive wet sales through the promotion of live sports and pub games. This is a thriving community pub that would suit either a first-time or experienced publican.

Red Lion Bordon

Oakhanger, Bordon, Hampshire GU35 9JQ

Potential Turnover: £299,337 Guide Rent: £29,500 Estimated Capital Start-up: £11,350

The Red Lion is an unopposed traditional country inn and restaurant located within the affluent village of Oakhanger, East Hampshire. This is a very traditional property with a public lounge bar that features beamed ceilings and an open fireplace. The characterful restaurant also has a stunning open fireplace, beamed ceilings and is carpeted throughout. The pub boasts a substantial beer garden with delightful views of the surrounding open countryside, a large car park and spacious three bedroom private accommodation.

Travellers Rest Fareham

Church Road, Newtown, Fareham, Hampshire PO17 6LL

Potential Turnover: £312,350 Guide Rent: £34,000 Estimated Capital Start-up: £15,500

The Travellers Rest is a rural pub nestled in the beautiful Hampshire countryside, yet is very much part of the local community and is just 10 minutes from Fareham. This is a traditional two bar operation which boasts an extensive beer garden, with a mobile caravan park and campsite which has proven popular in the summer months. For someone who has the ambition to further develop the campsite trade this is a really exciting opportunity. If you also have a passion for quality beer and food, this is the pub for you.

White Hart Pennington

17 Milford Road, Pennington, Lymington, Hampshire SO41 8DF

Potential Turnover: £444,706 Introductory Rent: £28,000 Estimated Capital Start-up: £16,250

The White Hart is a beautiful and traditional pub located on a busy road, one mile from the centre of Lymington. The pub attracts trade from the immediate area, the surrounding villages along with passing trade from the nearby busy towns of New Milton and Ringwood. The internal trading area is in excellent condition throughout with a separate bar and restaurant serviced by a fully fitted kitchen. Externally there is a large beer garden with a children’s play area and a car park with space for 35 vehicles.

Winterbourne Arms Salisbury

Main Road, Winterbourne, Dauntsey, Salisbury, Wiltshire SP4 6EW

Potential Turnover: £266,768 Introductory Rent: £16,000 Estimated Capital Start-up: £13,950

The Winterbourne Arms is situated on the main road through Winterbourne Dauntsey and benefits from fantastic kerb appeal. Internally the pub has a traditional and contemporary feel with two distinct trading areas; a restaurant and bar. Both trading areas are serviced by a commercial kitchen set up to provide traditional food suited to family dining. The pub boasts a good sized beer garden including children’s play equipment which is a big attraction for families during the summer months. Enterprise is looking for an experienced Publican to develop the food offer with a cask ale concept.

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Royal Oak Beaulieu

Hilltop, Beaulieu, Brockenhurst, Hampshire SO42 7YR

Potential Turnover: £447,883 Guide Rent: £40,000 Estimated Capital Start-up: £17,000

Situated in the New Forest, this fantastic pub is a perfect venue for a lunch time or evening meal stop with a beautiful forest view. The Royal Oak is ideally situated to attract both locals and seasonal travellers. The well-maintained beer garden and children’s play area are wonderful features in the summer months, and hours can be spent basking in the sun on a lovely warm day. This picture postcard pub requires a publican who can drive this established business forward and make use of all areas of the property to develop revenue.

Lion Southampton

Popinjay Basingstoke

HAMPSHIRE

1-2 Bedford Place, Southampton, Hampshire SO15 2DB

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Abbey Road, Basingstoke, Hampshire RG24 9ES

Guide Rent: £28,500 | Estimated Capital Start-up: £11,100 Potential Turnover: £247,950

Introductory Rent: £9,000 | Estimated Capital Start-up: £3,000 Potential Turnover: £255,113

The Lion occupies a prominent corner position in the busy Bedford Place / London Road circuit area. The pub has a distinctive traditional-looking exterior with a flexible trading space inside. This one bar, one room operation is suitable for a range of offers currently focusing on the afternoon / evening trade. Enterprise is looking for an experienced publican or a new starter in the industry who can develop the scope of the business and expand the reasons for customers to visit.

The Popinjay is a large community pub prominently located in the heart of the residential area of Popley, on the outskirts of Basingstoke. The two bars provide scope for functions and events with a large car park adjacent to the pub. This business would suit somebody new to the pub trade or an experienced publican with a positive desire to succeed.

Rising Sun Basingstoke

Potential Turnover: £386,268 Introductory Rent: £28,000 Estimated Capital Start-up: £15,450

Chapel Hill, Basingstoke, Hampshire RG21 5TB

The Rising Sun is prominently located between Basingstoke town centre and the suburbs. The pub features a split level trade area, a kitchen with ample space to produce a traditional pub menu and a very attractive outside space. This is a characterful and interesting traditional pub with a strong emphasis on real ales, presenting an excellent opportunity for an experienced publican who is capable of steering the business in the right direction.


Lapstone Horton Heath

Botley Road, Fair Oak, Eastleigh, Hampshire SO50 7AP

Potential Turnover: £334,556 Guide Rent: £28,000 Estimated Capital Start-up: £12,000

The Lapstone is a lovely detached pub prominently located on a busy road in the semi-rural location of Horton Heath. The internal trading area is in very good condition throughout with a large kitchen and 36 covers. The pub boasts a fantastic external trading area with a large beer garden with children’s play equipment, patio, smoking solution and a large car park with space for 40 vehicles.

Market Tavern Fareham

26 West Street, Fareham, Hampshire PO16 0JW

Potential Turnover: £302,536 Guide Rent: £20,000 Estimated Capital Start-up: £5,000

The Market Tavern is a large pub located in the bustling market town of Fareham, in the south east of Hampshire. The pub has most recently been operated as a young person’s venue and is decorated to a very high standard. This now presents a great opportunity to reposition as a traditional town centre tavern, providing good food at a competitive rate and catering to a daytime market of lunchtime professionals and shoppers. The pub has the added bonus of a night time trade and could also benefit from the introduction of a carvery operation.

Potential Turnover: £471,856 Guide Rent: £48,000 Estimated Capital Start-up: £19,500

272 Hunts Pond Road, Fareham, Hampshire PO14 4PF

Presenting a rare opportunity for an experienced publican, the Sir Joseph Paxton is a busy, traditional tavern located in Titchfield Common. Offering a range of Cask Marque accredited real ales and quality food, this is the perfect location for either a quiet drink in the week or lively night out at the weekend courtesy of live bands. Our ideal publican will already have experience in the licence trade and will continue to successfully operate a stable neighbourhood business, whilst growing food sales and responding to developing customer needs.

Swallow Andover

Potential Turnover: £239,424 Guide Rent: £24,000 Estimated Capital Start-up: £11,000

Pilgrims Way, Andover, Hampshire SP10 5HY

HAMPSHIRE

Sir Joseph Paxton Titchfield

The Swallow is a spacious pub which has been subject to an improvement programme in recent months, and now benefits from a well presented, clean and modern appearance. The Swallow is a wet-led pub, and receives fantastic support from the local community. As the publican, you should have a passion for delivering good quality cask and craft ales and promoting wet sales through live sport, pub games and live music entertainment. There is decent sized trade kitchen, which after improvements and with the introduction of a food offer will see an increase in trade.

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Pubs have always had accommodation; it is hardly a new market. But, with all the focus on food, this potentially lucrative revenue stream has often been overlooked. We continue to invest with our publicans adding and upgrading letting rooms. Done well, this is a long-term revenue source for our publicans.

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Wheatsheaf Hotel Newport

16 St. Thomas Square, Newport, Isle of Wight PO30 1SG

Potential Turnover: £517,957 Guide Rent: £44,000 Estimated Capital Start-up: £24,000

The Wheatsheaf Hotel is a town centre pub ideally located on a square in Newport. This imposing building benefits from 11 letting rooms, large restaurant, function room and a trade kitchen, as well as outdoor cafe-style seating to the front which is a great attraction during warmer weather. An excellent business opportunity exists for an experienced operator who can re-establish the pub’s reputation for good ale and food.

Bugle Hotel Botley

10 High Street, Botley, Southampton, Hampshire SO30 2EA

Potential Turnover: £415,604 Guide Rent: £40,000 Estimated Capital Start-up: £18,500

The Bugle is a historic coaching inn located in a prominent location on the high street of the vibrant village of Botley. This well-presented pub is full of character and welcomes guests with a great ambiance, and whilst popular with the locals it also benefits from a healthy passing trade. There is huge scope for development, with the potential to refurbish up to four letting rooms and the external barn for functions. This is a fantastic opportunity for a passionate and experienced publican looking to make an impact on an established business.

Angel Inn Hindon

High Street, Hindon, Salisbury, Wiltshire SP3 6DJ

Potential Turnover: £396,747 Guide Rent: £48,000 Estimated Capital Start-up: £20,000

The Angel is a beautifully-restored 18th century coaching inn dating back to 1750. With many original features including wooden floors, exposed beams and open fireplaces, the Angel comprises a main bar, snug area, restaurant and function room. The pub boasts nine beautifully appointed letting bedrooms, all en-suite in fantastic condition retaining many original features and individual charm. The fully equipped catering kitchen is able to cope with the letting rooms, restaurant and functions, capable of producing a high end food offer. Externally there is a courtyard with outside furniture, a popular sun trap during the summer months.

Crown Hotel Marlborough

6-7 The Parade, Marlborough, Wiltshire SN8 1NE

Potential Turnover: £289,744 Introductory Rent: £16,900 Estimated Capital Start-up: £16,500

The Crown Hotel is an extremely attractive detached three storey stone building, occupying a prominent location in a historic country town. The property has recently been redecorated providing a warm traditional atmosphere; there is a bar, restaurant, function room and six letting rooms. Due to its position, the premises attracts trade throughout the day from early morning shoppers enjoying a coffee, right through to drinks and meals in the evening.

Angel Inn Woolhampton

Bath Road, Woolhampton, Reading, Berkshire RG7 5RT

Potential Turnover: £444,261 Introductory Rent: £24,000 Estimated Capital Start-up: £20,000

The Angel Inn is a large food led business located on the A4 in the village of Woolhampton. This is an old coaching inn with large surrounding gardens and ample car parking, situated about six miles from Newbury and eight miles from the Reading exit of the M4. The property has recently had an extensive refurbishment throughout and is in fantastic condition.

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Your agreements There are two types of agreement available when starting a pub business with Enterprise:

Beacon Partnership Agreement

Retail Partnership Tenancy

■■ Competitive local retail prices and guaranteed gross ■■ profit margins ■■ Enterprise will redecorate and refurbish the property ■■ You will receive on-going marketing and retail standards support ■■ Greater levels of support for your business ■■ You will operate on an initial Tenancy At Will agreement for up to 12 weeks. You can then change to a fixed term tenancy of up to 5 years

■■ Agreements for a fixed term of up to 5 years ■■ Enterprise is responsible for all repairs to the exterior structure and services ■■ Rent is subject to annual indexation by reference to the Retail Price Index ■■ Option to be free of tie on wines, spirits, minerals, packaged lager and packaged cider via tie release fees

The Code of Practice Each prospective publican has sight of the Code of Practice: an accredited document designed to ensure complete transparency throughout the application process. It sets out our commitments to you, setting out in the simplest possible terms the way in which we will work together with you for mutual success in your Enterprise pub.

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Steps to taking a pub with Enterprise

About us We are the leading leased and tenanted pub business in the UK with a portfolio of over 5,200 pubs. We have a team of around 500 people dedicated to supporting and empowering our publicans to run great pub businesses. We are committed to providing our publicans with exceptional levels of service and support, our people with a great place to work and our suppliers with a trusted partner to do business with.

Running a pub is a serious business and we want to make sure that you are fully aware of the challenges that lie ahead. There are seven simple steps to becoming a publican, with support from the Enterprise team available to you at every step along the way. These steps are accredited by our Code of Practice to ensure you have complete transparency from day one.

1

Choosing the right pub business for you Think about the type of pub to best suit your skills and personality, this is the first step towards running your own business.

To find out more, call the Recruitment Team on:

0800 953 0072 or visit enterpriseinns.com

2

Fact finding / getting started

3

Let’s meet and talk

4

Planning your pub business

5

Planning your pub business

6

Planning for your first few weeks in your new pub

From ensuring you have all the documents you need, writing a shortlist to visiting the pubs yourself.

Once you have chosen a pub, our Recruitment Coordinators will discuss your short list and ideas to ensure you’re right for your choice of pub.

Now it’s time to start thinking about preparing a marketing plan, together with a business plan, including a profit & loss account and cash flow, with a trade accountant.

You and the Regional Manager, or Divisional Recruitment Manager, will discuss our Pub Business Assessment together to shape an agreement that best suits the needs of your new pub business.

It’s almost time for you to start your exciting career as an Enterprise publican. A handover is agreed to guide you through the process of taking the reins.

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Making your business a long-term success We look forward to giving you all the support you need to grow and develop your business.

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Great Pubs Great Publicans Happy Customers

We would like to talk to you about some exciting opportunities Call: 0800 953 0072 | enterpriseinns.com


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